Majlis mulls tit-for-tat motion to cut oil exports to half

Service : Politic

Tehran, Oct 28, (ICANA) – Member of Majlis Energy Commission Seyyed Mehdi Mousavinejad says that the Iranian parliament (Majlis) is studying a motion to oblige the Islamic Republic to reduce its oil exports in retaliation for the European sanctions against the country’s energy sector, a lawmaker says.

Monday, October 29, 2012 4:03:38 PM

“This motion...will in the first stage require the government to cut oil exports, and in case of tighter sanctions, [the motion] envisages complete halt of [Iran’s] oil exports,” Mousavinejad said on Sunday.

“Unfortunately, our enemies are exploiting oil as a means against the Islamic Republic establishment in order to ratchet up economic pressure on [Iranian] people.... When we see the Western world is using oil in this way, it would be natural for us to stop them,” he said.

“We must take action by stopping oil exports to European and other countries, and in the same way that they use this tool against the [Islamic] establishment, we have to take reciprocal action against the evil [global] arrogant current and are fully ready to do so,” Mousavinejad noted.

The Iranian legislator also emphasized that European countries heavily depend on Iran’s oil.

“On the one hand, they ban our oil, while on the other, they send their private companies to us and announce time and again and they desperately need Iran’s oil,” he added.